it on washington. showdowns on capitol hill over fiscal cliffs, taxes, spending, budgets, issues hugely important to economic certainty but may have pushed businesses and government to hold back on their spending until the dust settles in washington. the only problem with that is that the dust may never set until the nation's capital. >>> if the white house spent nearly as much time trying to actually fix the economy as it did claiming it was fixed and then finding excuses and scapegoats when it's premature pronoun pronouncements turned out to be false, i suspect the economy would actually be doing better than it is today. >>> a key member of that white house economic team, professor of economics at the university of chicago booth school of business. austin, you were chairman of the pet's council on economic advisers. in fairness, this white house spends a lot of time blaming republicans for economic problems. is it too much politics and not enough policy? we did have an election. >> you know, i thought that was kind of a weird cheap shot to come from the minority leader. i think the difference b